Denta Water and Infra
MAINBOARD
Listed
Price Band
₹279 - ₹294
Lot Size
50 Shares
Issue Size
₹220.50 Cr
Fresh Issue
₹220.50 Cr
OFS
Nil (100% Fresh)
Registrar
Integrated Registry Management Services Private Limited
AI Sentiment Score
Listing Price
₹330.00
vs Issue: ₹294 (+12.24%)
📅 IPO Timeline
✓
Open
Jan 22, 2025
✓
Close
Jan 24, 2025
✓
Allotment
Jan 27, 2025
✓
Refund
Jan 28, 2025
✓
Demat
Jan 28, 2025
✓
Listing
Jan 29, 2025
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
Denta Water and Infra displays an established operational footprint with expanding revenue streams (12.8% CAGR) and a defensible value proposition.
💪 Strengths
- Demonstrated operational revenue trajectory with resilient top-line growth (12.8% CAGR).
- Established customer relationships and market position across target industry sectors.
- Sound operational capital returns with Return on Capital Employed (ROCE) at 18.4%.
⚠️ Weaknesses
- Exposure to input cost fluctuations and broader macroeconomic supply chain cycles.
- Working capital requirements to support continuous capacity expansion.
- Competitive landscape from both established incumbents and specialized regional players.
🚀 Opportunities
- Industry tailwinds from rising domestic capex and infrastructure spending.
- Operating leverage potential allowing margin expansion as manufacturing utilization rises.
- Geographic diversification and entry into higher-margin specialized product lines.
🛡️ Threats
- Sectoral regulatory shifts and evolving statutory compliance requirements.
- Aggressive pricing actions by domestic competitors impacting gross margins.
- Broader market equity volatility and liquidity fluctuations.
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue (₹ Cr) | Rs 174.00 Cr | Rs 239.00 Cr | Rs 203.00 Cr | Rs 250.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs 50.00 Cr | Rs 60.00 Cr | Rs 53.00 Cr | Rs 61.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 67.00 Cr | Rs 79.00 Cr | Rs 68.00 Cr | Rs 75.00 Cr |
| Borrowings (₹ Cr) | Rs 1.00 Cr | Rs 1.00 Cr | Rs 1.00 Cr | Rs 12.00 Cr |
| Total Assets (₹ Cr) | Rs 123.00 Cr | Rs 220.00 Cr | Rs 429.00 Cr | Rs 484.00 Cr |
| ROE % | 0.00% | 0.00% | 0.00% | 0.00% |
| ROCE % | 18.40% | 18.40% | 18.40% | 18.40% |
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 |
Company P/E
13.2x
Industry P/E
15.2x
Debt/Equity
0.03
⚖️ Valuation Benchmark Range
🟢 Attractively Priced vs Industry Peers
Industry 15.2x
IPO 13.2x
0x (Deep Value)
30x (High Multiple)
📋 Live Subscription Status
QIB
236.94x
NII
556.49x
Retail
90.56x
Total
221.68x
🎯 Retail Allotment Probability
1.1% Odds
1 in 90.6 chance (~1.1% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Sep 12, 2026 2:39 PM
💼 Issue Structure & Reservation Quota
Capital Structure
₹220.5 Cr
Issue Size
Fresh (100%)
Reservation Quota
100%
Allocation
QIB (50%)
NII (15%)
Retail (35%)
QIB
50.00%
Retail
35.00%
NII
15.00%
🔗 Important Links & Lead Managers
- SEBI Filings (DRHP)View on SEBI →
- SEBI Filings (RHP)View on SEBI →
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.